Beyond the Dow, S&P500, and Japanese stocks the major global equity indices have been carving out some fairly ugly charts. It’s becoming increasingly difficult to extract market signals as the massive of flood of Bank of Japan money printing begins … Continue reading →

The girls with the Draghi Tattoo are breaking out. That is, the German DAX and French CAC stock indexes are making new highs. Ever since the ECB’s Mario Draghi “whatever it takes to preserve the euro” speech, these markets have performing … Continue reading →

This is a critical week for most major global equity indices. Many are right at or just through their trend support lines and ironically have been selling off since the September 13th announcement of further quantitative easing. With the Fed … Continue reading →

France’s CAC took a big hit last week (-4.98 percent) breaking key support and its 50-day moving average. The Brazilian Bovespa gave back 3.5 percent and looks to test its short-term uptrend, which also coincides with the 50-day moving average. … Continue reading →